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Sold on 03/08/2018
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988 Cloverleaf Loop, Springfield, OR 97477

  • $407,000

    Last sold 03/08/2018 for $200K

  • —

    bed

  • —

    bath

  • 2,400

    Sqft ($83/Sqft)

Multi-family not for sale
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About 988 Cloverleaf Loop

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Nice size units. Great location near Gateway Mall, busline, freeway access. Price reflects deferred maintenance but solid rental/building with much upside potential.
Listed by
Listing Agent - Carla Little
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#18424825 • last updated 8 years ago
Movoto checked RMLS for data 26 minutes ago
Overview
Heating Ceiling
MLS # 18424825
Type Multi Family
Status Sold
Property Tax 3510.79
Year Built 1977
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features T-111 Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Elementary School Guy Lee
Middle School Hamlin
High School Springfield
Zoning MD
Directions Gateway, East On Oakdale, North On Cloverleaf
APN 1164704
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 2
Unit Type 1: Rent 895
Unit Type 2: Rent 750
Total # of Units 2
Gross Rent Multiplier 11.52
Net Operating Income 11695
Operating Expense 6100
Gross Income 16930
Cap Rate 6
$407K
Range: $268K-$545K
Last 30 days 
Rental est.: $1,277/month
Gross rent multiplier: 12.7
  • Apr 2018
    mls logo MLS # 18424825
  • Apr 19, 2018 Sold
    $200,000 (+2.6%)
  • Feb 20, 2018 Pending
    —
  • Feb 15, 2018 Listed
    $195,000
  • 988 Cloverleaf Loop
    $200K
  • Gateway
    $350K +1% y/y
  • 97477
    $447K +6% y/y
  • Springfield
    $459K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Guy Lee Elementary School
public Grades K-5
Springfield School District 19
2/10
Hamlin Middle School
public Grades 6-8
Springfield School District 19
3/10
Springfield High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

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